. Export Trading House Commerce - - . . PM India is Major Trading Partners (Exports) Value Rs in Crores Rank Country - - - - CHINA , .
, . , . , . Total of Top countries , .
, . , . , . % Share of Top countries .
. . . OTHER COUNTRIES , , .
, . , . , . % Share of other countries .
. . , . India's Total exports , , .
, , . , , . . Source: Annual Report - .
Ministry of Commerce and Industry Government of India India’s Exports and Imports. - to - (Rupees in Crores) Year Exports Imports Trade Balance - , , , , - , - , , , , - , , - , , , , - , - , , , , - , - (P) , , , , - , - April to October , , , - , -2017April to October (P) , , , , - , P= Provisional Source: Annual Report - . Ministry of Commerce and Industry Government of India New Delhi Commerce - - . .
PM . Import Trade Meaning Import trade refers to purchasing goods and service from a foreign country. For Example Purchase of chemicals by an Indian company from France is termed as import. Domestic purchaser of goods is termed as importer and overseas seller is called exporter.
Objectives of Import Trade Objectives of import trade have been highlighted hereunder. . Achieving Rapid Industrialization Developing countries can achieve rapid industrialisation by importing advanced technology scarce raw materials, capital goods like machinery equipment, etc., and talents from other countries. .
Meeting Consumer Demand Certain goods are either not available or cannot be manufactured / produced adequately to meet the growing demand in home country. Hence import is necessary to meet the short supply of those goods. . Upgrading Standard of Living of the People Consumers are